Key takeout
Strategy (formerly MicroStrategy) resumed its Bitcoin acquisition for $742 million.
The Bitcoin Pepe Presale starts in 18 hours and the project focuses on integrating all memes into a single blockchain.
Strategy buys 7,633 BTC for $742 million
Michael Saylor’s strategy (formerly MicroStrategy) resumed its Bitcoin acquisition every week after spending more than $400 million. On Monday, the company announced it had purchased an additional 7,633 BTC for around $742.4 million, with an average price of $97,255 per Bitcoin.
This latest acquisition follows the sale of 516,413 shares of Strategic Class A common stock ($179 million) and 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock ($563.4 million). The strategy currently holds 478,740 BTC, worth more than $46 billion.
What is Bitcoin Pepe?
Bitcoin is the world’s leading cryptocurrency by market capitalization, and Pepe is one of the most popular members of the crypto ecosystem. However, Bitcoin Pepe is a unique project set up to serve users within the Bitcoin ecosystem.
Bitcoin Pepe Building a Layer-2 network on the Bitcoin blockchain. This is a meme-specific Layer 2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.
Bitcoin Pepe aims to become ground zero for all meme coin trading and move all this economic activity into the BTC ecosystem.
In their white paper, the team said Bitcoin Pepe will unlock Defi and Meme’s deals on BTC. They described it as the perfect fusion between BTC’s security and the unstoppable meme power of meme coins.
We are also proud to be the first meme ICO on the Bitcoin blockchain. This allows BTC Maxis to exchange memes, combining high levels of trust (BTC) with high levels of performance (SOL) leading to high levels of retail mass adoption.
What does Bitcoin Pepe offer to the Bitcoin ecosystem?
Bitcoin is currently the oldest blockchain and home to exciting projects like ordinals. but, Bitcoin Pepe It plans to open more blockchains by allowing MemeCoins and other stories to be released on the network.
The project intends to guide BTC memes and turn Crypto’s oldest chain into a home base for crazy high octane meme experiences. The team believes that BTC Bridge will unlock $2 trillion dormant BTC capital and make it available for meme coin trading.
As a Layer-2 network, Bitcoin Pepe provides the infrastructure for all memes to move to BTC, ensuring security and liquidity for investors and users.
Bitcoin Pepe advance sale to begin on February 11th
Bitcoin Pepe We are now selling pre-sale that allows investors to purchase native tokens before they can be listed on the exchange. $BPEP provides power to the Bitcoin Pepe Layer 2 network and several other activities within the ecosystem.
The pre-sale will be launched in 17 hours, allowing users to purchase tokens using a wide range of accepted payment options, including cryptocurrency, debit and credit cards. Solana’s Sol is currently trading at $202 per coin. However, it was sold for $0.22 during the 2020 pre-sale. This shows how early investors can benefit from participating in pre-sale.
As a Layer 2 network on the Bitcoin network, Bitcoin Pepe provides user security and liquidity. Additionally, we are leveraging the recent growth of memokine while working to introduce more memokine to the Bitcoin ecosystem.
With the right level of adoption, $BPEP could be one of the best performers in the crypto market in the medium to long term.
